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In today’s fast-evolving business landscape, environmental, social and governance (ESG) criteria have become fundamental to corporate responsibility and long-term success. Technologies such as artificial intelligence (AI), generative AI (genAI) and blockchain are revolutionizing operations.
Despite African governments’ inconsistent stance on cryptocurrencies, these countries house most of the continent’s crypto and blockchain startups. Chief executive officer Ruth Iselema founded the Africa-focused blockchain payments startup in 2019. Adam Umar is the company’s CTO, while Akinbola Asalu is the COO.
The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization.
AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance. Governments will prioritize investments in technology to enhance public sector services, focusing on improving citizen engagement, e-governance, and digital education.
Two of its new backers are the government-owned Development Bank of Japan and JIC Venture Growth Investments, the venture capital arm of Japan Investment Corporation, a state-backed investment fund. Singapore’s government launches blockchain innovation program with $8.9 million in funding.
AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. Governments will prioritize tech-driven public sector investments, enhancing citizen services and digital education.
Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents. million in 2020.
Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least for now, as investment keeps pouring into the industry. Oasys, a Japan- and Singapore-based startup that’s building a blockchain for gaming developers, has just raised $20 million.
The Egyptian government has also played a key role in promoting financial inclusion and the adoption of cashless transactions, further accelerating the shift toward digital banking. Over the past few years, banks across Egypt have been embracing new technologies to improve customer experience and expand access to financial services.
Blockchain is one of the great blindsides in the history of technology. The basic idea of leveraging blockchain to build Turing machines was introduced there. In a sense, the blockchain structure enables code to describe a variety of verifiable agreements between people and systems. . Peercoin and proof of stake.
The local government of Beijing released on Thursday a blueprint of its plan to implement a blockchain-based programmable government. Why it matters: This is the first time China’s capital city has […].
The great regulatory bureaucracy has awakened to the significance of blockchain-enabled technology, led by the SEC. . The government is certain that cryptocurrency must be regulated, but it is faced with a knotty question: What kind of asset is cryptocurrency? Ripple created the XRP coin, designed for blockchain-based payments.
From artificial intelligence to blockchain and smart cities, the UAEs tech landscape is set to host some of the most significant gatherings of innovators, investors, and entrepreneurs in the region. Here are the top tech events in the UAE for 2025, organized by date: 1.
About three-fourths of the teams are focusing on NFTs, infrastructure or decentralized finance (DeFi), while the majority of the teams are building on layer-1 blockchains Ethereum, Polygon and Solana. channels like Twitter or Discord onto blockchains. What it does: Decentralized infura and marketplace for blockchain data.
The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. Other new investors include Republic, Advanced Blockchain, P2P Validator, Rarestone, Ethereal Ventures and their limited partners. Polychain Capital is leading today’s funding round. Image Credits: Element Finance.
A startup that has built a decentralized exchange as well as a cross-chain infrastructure to facilitate communication across layer 1 and layer 2 blockchain solutions is the latest to receive backing from Coinbase Ventures. So we have had all these blockchains coming up, but no connectivity between them.
Chainalysis , a blockchain analysis company, announced Friday it has closed on $100 million in Series D financing, doubling its valuation to over $2 billion. Chainalysis’ self-described mission is “to build trust in blockchains to promote more financial freedom with less risk.”. Gox , then the world’s largest cryptocurrency exchange.
GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?
CIOs must take an active role in educating their C-suite counterparts about the strategic applications of technologies like, for example, artificial intelligence, augmented reality, blockchain, and cloud computing. Such a dynamic culture ensures that the organization remains flexible and adaptable in an ever-evolving digital landscape.
Some cloud architect roles are tailored to AWS or Azure while others may be targeted at specific knowledge areas such as infrastructure or blockchain. If youre still early in your career, youll want to consider a formal degree program, starting with a background in computer science, programming, networking, and security.
Overnight all our savings dwindled and the aftermath was that the government couldn’t even pay salaries,” she said to TechCrunch over a call. ” In 2015, she got acquainted with blockchain and thought it was the perfect technology to solve the problems she faced while growing up. So it stayed on my mind.”
But it was his experience as an accountant that led to his interest in the blockchain and how it can be used to verify documents. This means that now every time a company is created, it received a verifiable business profile that can be traced back to the blockchain. “I
Few areas in tech today are as polarized as the blockchain gaming space. Before the debate is settled, the ecosystem around blockchain games is already getting built and funded. ” Gaming vets promise to make blockchain games fun and sustainable. Creators won’t need to be crypto-savvy to use the service.
DeFi aims to bridge the gap between decentralized blockchains and financial services. Xend Finance is plugging these gaps using blockchain technology. Its technology is built on Binance Smart Chain (BSC), a blockchain for developing high-performance decentralized applications. Image Credits: Xend Finance.
Data from blockchain intelligence firm Chainalysis says the region’s crypto usage grew 1,200% last year, making it the third-fastest growing cryptocurrency economy. his time there made him aware of the societal and financial challenges affecting Africans in remote places and theories of how bitcoin and blockchain technology could help.
Blockchain cybersecurity startup OpenZeppelin this morning announced a $23 million investment in Forta , a security service aimed at smart contracts. The investment also attracted capital from Coinbase Ventures, True Ventures and Blockchain Capital, among others. The latter use case wound up being the key bitcoin value offering.
Stronghold offers a suite of fintech and blockchain APIs and services, including embedded payments, clearing and settlement, according to its website. The startup, founded in 2017, partnered with IBM to create a blockchain-based stablecoin for instant payment processing. It has raised $3.3
“We work with mutuals, insurers, microfinance institutions, research institutions, farmers and breeders associations and governments,” its site explains. ’ Spacetech and crowdsourcing aside, there’s also a blockchain element to IBISA, which sees it as a way to keep costs low.
This possibility is alarming, as it could make current encryption techniques obsolete, putting businesses, governments, and individuals at risk. Forgery of Digital Signatures: This could enable hackers to forge digital signatures, tamper with records, and compromise the integrity of blockchain assets, audits, and identities.
On top of that, Anchorage lets you trade crypto assets, stake assets to earn returns and participate in protocol governance if you own a lot of tokens for a specific protocol. Anchorage offers a custody solution for big institutions, such as publicly traded companies or funds. For instance, one transaction has been particularly commented.
Zipmex’s goal is to become the largest digital exchange in the Asia Pacific, where interest in cryptocurrency investing and blockchain technology is increasing quickly. Singapore’s government launches blockchain innovation program with $8.9 million in funding.
The company claims that by eliminating centralized gatekeepers and decentralizing governance, it can allow for instant settlement, remove conflict of interest from markets, reduce fees, and enable the throughput necessary for high-volume derivatives trading. DeFi aims to bridge the gap between blockchains and financial services.
According to a statement, the company seeks to “disrupt traditional centralized credit infrastructure by providing individuals, businesses and developers with the tools to access credit” via blockchain technology. The core principle for blockchain centers on the ownership of assets, including money and financial data.
The world’s most-used blockchain, Ethereum, is switching to a new validation system this summer called proof-of-stake (PoS). ” The platform also supports liquid staking on the Solana, Kusama and Terra blockchains and plans to launch on Polygon later this month, Lomashuk said.
The investors behind virtual hack.summit() , the world’s largest blockchain programmer event, have launched a $200 million crypto seed fund under the Hack VC umbrella, fund partner Alex Pack told TechCrunch in an interview. The lab has also helped Hack source deals through analysis of on-chain data, he added. ”
The NFT market, largely built on the Ethereum blockchain , has seen a rapid ascent in value and trading volumes as the value of ether, the native token of its chain, appreciated massively. As rates rise, holding volatile investments that produce little income becomes less attractive compared with government bonds.
This is a blockchain pitch. The pitch deck is for Simba Chain , a blockchain company that raised $25 million in a Series A. If you follow me on Twitter , you’ve probably noticed that of every three or four tweets, one has me making fun of blockchain tech. Supported blockchains slide. seed deck. Scaling Simba slide.
Like you, I check NFT marketplace volume a few times each day to keep tabs on the burgeoning market for buying and selling digital signatures on various blockchains that point to images and the like. We’re very cool. Mostly, the data is steady. Incentives. The data is pretty funny.
Artificial intelligence (AI) is reshaping the way governments operate, offering innovative solutions to create connected, efficient, and citizen-centric solutions. By leveraging AI, governments can build smarter, more connected environments that enhance public services and improve the lives of citizens.
They are pieces of code on a blockchain, which means they can be programmed to have various qualities. Revise is also adding a layer of governance for the storage through its data structure to help developers handle disputes in a trustable manner. A popular criticism of NFTs is that they are just static JPEG files.
In 2019, Marvin Coleby, Tina Nyamache and Eugene Mutai set out to create a blockchain solution that would make it easier for people to buy and sell shares in pre-IPO companies in Africa. Over time, onboarding cap tables and equity data will also open up use cases for Carta to become a blockchain-based digital asset platform.
Sprout created Folium in light of this customer demand to help companies trace digital coins and non-fungible tokens across various blockchain platforms. based venture funds Sovereign’s Capital and Firsthand Capital, as well as Hong Kong’s NDN2 and the special administrative region’s government-backed funds.
Twitter tries to restore service in Russia : While some tech companies are working to cut ties with Russia after the country’s government invaded Ukraine, others are trying to keep their services up in the country. Faster blockchain transactions + privacy = Espresso ? The TechCrunch Top 3. million seed round.
It’s one reason why the region is home to many fintech businesses born elsewhere that need proximity to a large banking ecosystem, as well as the blockchain/crypto crowd, which have found a highly amenable regulatory environment in Zug, right next door to Zurich.
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